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Welcome to 506 Lighthouse Road, a charming 3-bedroom, 1-bath Colonial-style home in New Haven's desirable East Shore/Morris Cove area. Offering approximately 1, 216 square feet of living space, this home features a comfortable layout with a bright living room, fireplace, dining room, white kitchen cabinetry, and an unfinished basement for added storage or future possibilities. The property also includes an attached garage, private driveway, and a manageable 0. 14-acre lot with a backyard area for outdoor enjoyment. Property also includes whole house generator run by propane. The location is a standout just minutes from Lighthouse Point Park, an 82-acre waterfront park known for its historic lighthouse, beach, carousel, walking areas, and New Haven Harbor views. Enjoy nearby Morris Cove neighborhood amenities, shoreline recreation, East Shore parks, Tweed New Haven Airport, local restaurants, and convenient access to downtown New Haven, Yale, hospitals, train stations, and major commuter routes.
| Type | Level |
|---|---|
| Bedroom 1 | Upper |
| Bedroom 2 | Upper |
| Dining Room | Main |
| Living Room | Main |
| Primary Bedroom | Upper |
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William Raveis Real Estate
Phone: 888.699.8876
Contact@raveis.com
Senior Vice President - Coaching & Strategic
William Raveis Mortgage, LLC
Phone: 203.980.8025
Frank.Kolb@raveis.com
NMLS Mortgage Loan Originator ID 81725
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5/6 (30 Yr) Adjustable Rate Conforming* |
30 Year Fixed-Rate Conforming |
15 Year Fixed-Rate Conforming |
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|---|---|---|---|
| Loan Amount | $300,000 | $300,000 | $300,000 |
| Term | 360 months | 360 months | 180 months |
| Initial Interest Rate** | 6.125% | 6.490% | 5.750% |
| Interest Rate based on Index + Margin | 8.125% | ||
| Annual Percentage Rate | 6.424% | 6.640% | 5.972% |
| Monthly Tax Payment | $508 | $508 | $508 |
| H/O Insurance Payment | $75 | $75 | $75 |
| Initial Principal & Interest Pmt | $1,823 | $1,894 | $2,491 |
| Total Monthly Payment | $2,406 | $2,477 | $3,074 |
* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.
** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.
The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.